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NEW YORK (Reuters) – Applications for U.S. home mortgages slipped last week as refinancing applications dropped, an industry group said on Wednesday. The Mortgage Bankers Association said its seasonally adjusted index of mortgage application activity, which includes both refinancing and home purchase demand, fell 2.2 percent in the week ended July 25. … Read entire story.
Event risk is heavy the next few days, although today may be a lull in the storm.
‘They can’t keep up with the payments’: Exorbitant HOA fees force Florida retirees to sell their condos and relocate If you live in a Florida condo, you may be facing some unexpected challenges in the form of higher homeowner’s association fees this year. A Redfin analysis found that HOA dues have risen sharply, with three […]
By Caroline Valetkevitch NEW YORK (Reuters) – U.S. stocks edged higher in afternoon trading Thursday, rebounding from earlier declines, as a flurry of economic reports eased fears about the potential impact of a weakening global economy on the United States. If it closes higher, the Dow would break a five-…